Noteworthy:
"What's going to happen? Certainly, people will try to save more. But my guess, knowing my generational cohort, is that we'll want a government bailout to supplement our too-meager retirement savings. Unfortunately, the Treasury won't have enough money to fund our Medicare benefits, let alone a top-up in Social Security. "
Hmm......if this SS benefit increase does take place, then the Obamantion could eliminate tax breaks for senior citizens and remove the restrictions on taxing Social Security benefits.
It's a perfect opportunity to grandstand about "fixing a problem" on the front end, while aggravating the problem even more on the back end.
Brilliant!
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